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freeeurope

Minoru Mori, Real-Estate Magnate, Dies

March 13, 2012

Minoru Mori, whose entrepreneurial risk-taking helped transform the central Tokyo skyline, has died at age 77.

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Texas’s Hines to Double Down in London

February 22, 2012

Hines, one of the world’s largest real-estate groups in terms of assets, is preparing to spend $1.6 billion on buildings in the U.K., doubling its assets in the country in an effort to diversify away from riskier acquisitions.

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U.A.E. Banks Dip Back Into Real Estate

February 8, 2012

Banks in the United Arab Emirates are tiptoeing back into real-estate lending.

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London’s Home Shortage Set to Get Worse

February 1, 2012

London looks likely to experience a drought of new housing over the next few years, as construction of homes amid fears of renewed recession and a dearth of mortgage finance, a report from property consultant suggests.

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Dubai Home Costs to Fall More

January 3, 2012

Prices in Dubai for residential property are like to fall for years to come, weighed down by an oversupply of homes and the global economic slowdown.

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Shanghai’s Pudong, Once Soulless, Rises Up

December 21, 2011

Pundits once mocked Shanghai’s Pudong district, a purpose-built version of Manhattan, as overdesigned and underoccupied. Today, as worries of a Chinese property crash are back in force, Pudong is an unlikely bright spot.

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Wen Pledges Property-Tightening Resolve

November 7, 2011

China’s government must resolutely carry out its property-tightening measures with the aim of returning prices to “reasonable levels,” Premier Wen Jiabao said.

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E-House Makes Bid for China Real Estate

October 28, 2011

E-House (China) Holdings has offered to acquire China Real Estate Information Corp. in a cash-and-stock deal that values China Real Estate at $897.3 million.

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North American Buyers Revisit London

October 11, 2011

North American property buyers returned to the London real-estate market with gusto in the first half of 2011, but market watchers warn that interest may not be enough to stop values from falling in some areas.

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Chinese City Eases Property Curbs

October 11, 2011

Foshan in Guangdong province became China’s first city to say it’s relaxing its curbs on the property market amid mounting concerns that the real-estate sector is in trouble.

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Swedish Auction Shows Healthy Market

October 5, 2011

Sweden’s property market is in robust health. At the country’s biggest-ever property auction, which got under way in Stockholm this week, 25 properties were sold for a total of $137 million.

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S&P Wary Over China Developers

September 28, 2011

With liquidity pressures set to grow, Chinese property developers may be squeezed by sales declines over the next year, Standard & Poor’s said.

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Australian Property Joins Decline

August 24, 2011

One of the few bright spots in real estate amid a three-year global slump, Australia now faces falling home prices and fears of overbuilding.

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Shaky Turn for Portuguese Property

August 5, 2011

Portugal’s real-estate sector avoided a property bubble that sparked economic pain in Spain and Ireland, but it still may be headed for trouble.

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